What the U.S. EV tax credit means for Canada

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Episode 129 of Down to Business podcast

U.S. President Joe Biden gestures after driving a Hummer EV during a tour at the General Motors 'Factory ZERO' electric vehicle assembly plant in Detroit, Michigan this month. His bill would give U.S. consumers a tax credit of up to US$12,500 if they purchase an electric vehicle made in the U.S. by union workers.Last week, as Prime Minister Justin Trudeau visited Washington, D.C., the U.S.

This week on Down To Business, Flavio Volpe, president of the Automotive Parts Manufacturers Association of Canada, spoke about what the tax credit means for this country — where many global automakers assemble vehicles that are eventually sold in the U.S.

 

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Maybe Canada should change their EV credit scheme to 'Made in Canada' EV's

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